Insight Software

NOVEMBER 15, 2021

Excluding income tax, the other direct and indirect taxes such as property tax, sales tax, use tax, goods and services tax (GST), and finally, value-added tax (VAT), can be a large portion of the tax cost. If the technological enhancements entail the procurement of better data, then it can help support the organization’s tax positions.

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Insight Software

SEPTEMBER 30, 2021

Like many other service providers, hospitals depend on their customers (patients) to run their business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures. However, in order to thrive, they must also operate sustainably and mange costs.

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Insight Software

JANUARY 24, 2022

Although political and socioeconomic unrest continues, a behind-the-scenes agreement on a standard corporate tax rate and the move towards a tax regime better suited to the digital age has established new parameters for the future. Read how to elevate tax to a strategic function. Preparing For an Uncertain Future in Tax. Access Resource.

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Insight Software

AUGUST 17, 2021

Earlier this year the Securities and Exchange commission began accepting the 2021 US GAAP Taxonomy (UGT) and many filers are getting ready for the switch now that their annual and first quarter filings have been successfully completed. The FASB 2021 UGT website provides a number of tools that will assist you with the taxonomy transition.

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Insight Software

SEPTEMBER 24, 2021

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Insight Software

JUNE 30, 2021

This article will outline the key financial, operation, and staffing performance indicators that a CEO should be tracking in 2021, as well as the benefits of tracking these using a dashboard to streamline the reporting process. Financial KPIs for the CEO’s Dashboard. With insightsoftware, you don’t have to worry about this. Or hardly working?

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Insight Software

JUNE 2, 2021

According to approximately 500 finance professionals surveyed recently for insightsoftware’s 2021 Finance Team Trends report , the number one challenge facing FP&A professionals today is a lack of time to spend on value-added analysis. 2021 Finance Team Trends Report. Clearing the Hurdle of Manual Processes as a Priority.

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Insight Software

MAY 10, 2021

In February and March of 2021, insightsoftware partnered with Hanover Research to discover current trends in finance teams. The Office of the CFO supports other decision-makers throughout the organization by translating financial data into business insights. 2021 Finance Team Trends Report.

Finance 98

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Insight Software

FEBRUARY 14, 2022

While investment in tax and transfer software has tended to lag that in core finance systems, adoption is maturing and pressure from the office of the CFO to implement digital tools is beginning to grow. Digital technology provides the only realistic way of rendering large volumes of data into a usable form in a practical timeframe.

Finance 52

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Insight Software

AUGUST 9, 2023

The annual member survey from the UK and Ireland SAP user group (UKISUG) found that of those organizations yet to move to SAP S/4HANA, 92% were concerned a lack of available skills will slow their migration (an increase from 71% in 2021). Process Runner GLSU : Streamline business processes and financial operations without adding complexity.

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Insight Software

JULY 2, 2021

FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. Download Now: Click here to access resource.

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Insight Software

DECEMBER 13, 2021

But April 2021 brought a noticeable change in the SPAC tempo, with both the volume of SPAC deals and the value of SPAC stock dropping significantly. A newly public company’s needs around auditability, compliance, reporting, and participant servicing are entirely different from when they were private. billion by the end of Q1.

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Insight Software

JULY 16, 2021

The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. The results are extremely revealing. Download Now: Click here to access resource.

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Insight Software

JULY 20, 2021

The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. Download Now: Click here to access resource.

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Insight Software

MAY 21, 2021

In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. 2021 Finance Team Trends Report. Adoption of new technologies. Data limitations or inaccuracies.

Finance 52

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Insight Software

FEBRUARY 2, 2023

In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. Quality service encourages repeat business and improved reputation, but where do you start with quality-related KPI tracking?

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Insight Software

APRIL 5, 2021

Aside from budgeting and forecasting, the FP&A team is also tasked with decision-making support and special projects such as market research and process optimization. Financial Modeling Makes You A More Strategic Analyst. Companies operating in the twenty-first century are faced with a new set of unique challenges.

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Insight Software

OCTOBER 7, 2021

By using these metrics with our interactive accounting KPI dashboard, you will easily be able to identify areas for improvement and optimize your 2021 reporting. High invoice cycle time can make it difficult to make payments in time which will result in late payment penalties and strain on vendor relationships. Learn More.

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Insight Software

JULY 31, 2022

This year, 514 respondents from North America and EMEA revealed some of the trends shaping finance and the progress being made in the journey to digitization. In this year’s survey, 41 percent of finance team leaders considered strategic decision making to be a priority, compared to 29 percent in 2021. One key finding? Download Now.

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Insight Software

NOVEMBER 2, 2021

Before the digital age, KPIs were collected in ledger books and other documents, which was a tiring and lengthy process. In 2021, the best way of collecting good KPIs is to implement a higher education dashboard, which can give you a glimpse of the best KPIs without the lengthy paperwork process.

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Insight Software

DECEMBER 7, 2022

Moving away from the traditional number crunching towards deeper analysis and planning support. In fact, recent insightsoftware research found that in 2022, 41% of finance team leaders consider “strategic decision-making” to be a priority, compared to 29% in 2021. Enable Self-Service. Well, yes and no. Spoiler alert: they don’t.

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Insight Software

JANUARY 31, 2022

With cloud migration that means making upgrades, licensing, procurement and maintenance simpler with software-as-a-service (SaaS) models. Digital transformation has accelerated as organizations have been forced to adopt new operational models. The aim of technology in finance is to remove friction.

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Insight Software

AUGUST 27, 2021

For the reasons described earlier, Microsoft closed off customers’ ability to directly access the underlying ERP data using SQL database queries, opting instead to publish a dedicated set of web services APIs (application programming interfaces) that would allow programmatic access to the data. In June 2021, Microsoft released version 2.0

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Insight Software

JUNE 9, 2022

Access views from both on-prem and cloud ERPs via a fully managed turn-key service with zero maintenance overhead. New Cloud Accessible Web Portal for Streamlined User Self-Service. introduces a web-based, user-centric, self-service hub experience that builds on Angles for Oracle’s market leading operational reporting capabilities.

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Insight Software

JUNE 10, 2022

In July of 2021, more than 130 countries approved a framework intended to reform international tax rules under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). This initiative emerged as a response to the dramatic increase in digitization and ecommerce over the past two decades.

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Insight Software

AUGUST 3, 2022

In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard. According to a 2021 report issued by the Governance and Accountability Institute , 92% of S&P 500 companies already provide sustainability reporting of one kind or another. Download Now.

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Insight Software

SEPTEMBER 1, 2023

In ​2021, just over 32,000 sat for the CPA exam, compared to ​nearly 50,000 ​CPA ​candidates​ in 2010 ​​. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees. In 2020, bachelor’s degrees in accounting fell by 2.8% , and master’s degrees fell by 8.4%. Request a demo today.

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Insight Software

AUGUST 25, 2022

This was highlighted in a recent insightsoftware report that found 41 percent of finance team leaders considered strategic decision making to be a priority in 2022, compared to 29 percent in 2021. Its web-based, mobile-friendly interface supports large numbers of users and is ideal for growing companies. It’s Time for Something Better.

Planning 52

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Insight Software

JULY 23, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.

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Insight Software

JULY 21, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, organizations using zero-based budgeting are twice as likely to forecast accurately than those who don’t. They are also twice as likely to have invested in PBF technology to support his process.

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Insight Software

JUNE 21, 2021

Bodies from the Organization for Economic Co-operation and Development (OECD) to the International Monetary Fund (IMF) have pledged to modernize the global tax system, pointing out that the regimes currently in place are out of step with the digital era. In line with international best practice, these services will work closer to real time.

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